MCQOPTIONS
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| 1. |
Speculative bubbles may occur in the shares market ? |
| A. | during periods of extreme pessimism because so many stocks become undervalued |
| B. | only when people are irrational |
| C. | when stocks are fairly valued |
| D. | because rational people may buy an overvalued share if they think they can sell it to someone for even more at a later date |
| Answer» D. because rational people may buy an overvalued share if they think they can sell it to someone for even more at a later date | |